The speed with which the "$Ramaphosa" token was created and promoted via the hacked accounts suggests a well-orchestrated and financially motivated operation, says KnowBe4’s Anna Collard.
First National Bank’s flagship digital platform, introduced nine years ago, now has five million nav» money applet users.
The country's first formal Black Friday Index reveals that Black Friday to Cyber Monday remains the most powerful retail window of the year.
Leveraging tech to drive growth and operational efficiency, TymeBank is progressing toward sustainable monthly profitability, says African Rainbow Capital.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
The overall MTN SA result was supported by a 6.4% increase in subscribers to 39.8 million, a net addition of 2.4 million in the year.
With its customer base’s high digital adoption rate, FNB’s CEO says it will maintain its digital investments, including mobile USSD.
The mobile operator’s service revenue decreased by 15.4% on a reported basis, to R177.8 billion for the year ended 31 December.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
Both banks issue statements about the development, with Fihla expected to fill Absa’s group CEO position in June 2025.
QuickEasy ERP offers multi-entity support, enabling users to manage multiple company accounts without duplicating work.
NetCIS’ modular framework allows companies to select only the functions required to upgrade their existing systems to meet their business needs.
The Bybit hack of approximately 400 000 Ethereum, valued at $1.5 billion, challenges previous beliefs about crypto security, says Check Point’s Hendrik de Bruin.